Topic: Advantages of bitcoin - page 3. (Read 1935 times)
best advantages of bitcoin are; first of all, it is the most suitable currency to invest, universal and independent of banks, the transaction transmission is secure, it is produced with mining, in long-term gains too, and; although most people and most countries can not understand, it is the currency of future.. cyrpto-currencies ara required. 🙂
Of course there are many advantages of bitcoin if we have to compare with other coins, one of them is that bitcoin price is much higher when compared with current coins, it can not we deny because bitcoin is the first crypto coin. If you have saved bitcoin about 3 years or more you will get a huge profit.
It controls the price of other coins.
There so many advantages of Bitcoin, few I just mentioned below:
Irreversible Transactions: There is nothing worse than sending products to a customer, only to receive a message that the payment has been reversed, you have been cheated and there is nothing you can do about it.
No Paperwork: All you need to do to start sending and receiving Bitcoins is to download a Bitcoin Wallet program and generate a Bitcoin Address.
Appreciating Value: The value of Bitcoins were initially highly volatile during the first few years of it’s inception, however during the last 6 months the currency has stabilized and has been steadily increasing in value on a daily basis.
Irreversible Transactions: There is nothing worse than sending products to a customer, only to receive a message that the payment has been reversed, you have been cheated and there is nothing you can do about it.
No Paperwork: All you need to do to start sending and receiving Bitcoins is to download a Bitcoin Wallet program and generate a Bitcoin Address.
Appreciating Value: The value of Bitcoins were initially highly volatile during the first few years of it’s inception, however during the last 6 months the currency has stabilized and has been steadily increasing in value on a daily basis.
If you want to talk about any advantage of any coin first of all it would be Bitcoin. Compare to any other crypto currencies, Bitcoin is More secure, useful, less risky and highly profitable. Because all other coins are based on Bitcoin. If crypto market exists, it will be dominating currency in the market.
Beside being an innovation itself that offers a protected and helpful method for exchanging certsin measure of cash, it likewise fills in as a method for speculation since its esteem is continually fluctuating. With bitcoin, you can buy things, be it on the web or from any foundation, insofar as the said store acknowledges bitcoin as a method of installment.
Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
bitcoin is the basis, and is used as the common currency that becomes a parameter for altcoinbitcoin does not have many features, but bitcoin is able to control the crypto market
and bitcoin is the mother of all coins, so all altcoin prices will be highly dependent on bitcoin prices
There are multiple advantages of bitcoins,You can eventually get your money in a short span of time and you only need to join their bounties and follow their rules to receive your own tokens.It is also secured. Transactions are transparent.
There are multiple advantages of bitcoins, the bitcoins can be transferred all through out the world by a simple click and a bitcoin wallet for buying and receiving bitcoins or to hold bitcoins one needs a bitcoin wallet, all the transactions are done easily without paper work or without any third party involvement only the user's have control over their own finances
Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
In my own oponion with Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time. And You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money. And also you are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.
Bitcoin has many advantages. I'll leave some here that I consider the most useful.
No Third-Party Seizure.
Payment Freedom. Bitcoins can be sent to any person in any part of the world. No intermediaries in between. No bank holidays/strikes. No boundaries or borders. No payment limit.
No Risk of Inflation. Inflation usually occurs when the Government issues more money over the year, decreasing the purchasing power of the people, on the whole. But the Bitcoin system was created with the sole purpose of being finite
No Third-Party Seizure.
Payment Freedom. Bitcoins can be sent to any person in any part of the world. No intermediaries in between. No bank holidays/strikes. No boundaries or borders. No payment limit.
No Risk of Inflation. Inflation usually occurs when the Government issues more money over the year, decreasing the purchasing power of the people, on the whole. But the Bitcoin system was created with the sole purpose of being finite
Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
The advantage is that it can be spent everywhere, at least in countries where Bitcoin and cryptocurrency is open and are widely usedd. You cannot use other altcoins as easy as Bitcoin. Litecoin and Bitcoin Cash are also widely used I believe but I have yet to see a single store or restaurant here in my place that accepts them. But I know of several restaurants and shops around here that accept Bitcoin. The same is true with online sellers. They accept Bitcoin more than any other coin.
of course there are many advantages that we get from bitcoin, because bitcoin is the first coin in cryptocurenccy of course bitcoin superior from other coins and has a higher price than other coins.bitcoin very helpful once my economic problems
the biggest advantages of btc is it is decentralized and it has no border.....it's price is like sky rocket.Bitcoin is the father of all coins a pioneer a strongest coins that give happiness to all people. Bitcoin give me lots of benefits need I earn now with unlimited income they me teach how invest and earn now.
This is coin attempt something like and it has clearly been successful and the world has begun to realize the potential of bitcoin which is why some are supporting it while some are against it. No matter how much any altcoin grows in the future, nothing can come close to replacing bitcoin as the king of the crypto market.
There are many advantages of bitcoin because you can easily get money without doing so risky, you only need to join their bounties and follow their rules to receive your own tokens. It is very secure here no one knows about your passwords.
Too much technology could be an advantage or an disadvantage also because that will make people lazy on doing things that they should do.
In this case, because of the anonymous of Bitcoin, people is really lazy to figure out which is the good and bad projects for investing, they just invest with the blindly way and that cause to the huge loss on them.
It should not be done. Investment with bitcoin should be based on proper analysis, especially for trading. If you just rely on luck without analysis, we can lose.In this case, because of the anonymous of Bitcoin, people is really lazy to figure out which is the good and bad projects for investing, they just invest with the blindly way and that cause to the huge loss on them.
The related technology that makes lazy, it seems that should be changed there mindset about it. Technology simplifies our lives for a better life.
The advantage of bitcoin is being pioneer in crypto currencies and changing the perception of the people in real money.
Bitcoin has low transaction fees, you are able to control it yourself and no government or bank have access to it. It ha fast transaction process.
Aside from being a technology itself that offers a secure and convenient way of transferring certsin amount of money, it also serves as a way of investment since its value is constantly fluctuating. With bitcoin, you can purchase things, be it online or from any establishment, so long as the said store accepts bitcoin as a mode of payment.
Too much technology could be an advantage or an disadvantage also because that will make people lazy on doing things that they should do. In this case, because of the anonymous of Bitcoin, people is really lazy to figure out which is the good and bad projects for investing, they just invest with the blindly way and that cause to the huge loss on them.
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